Doing Business In Kazakhstan

Investing in Kazakhstan presents various opportunities for new entrants to the market. Potential investors benefit from several measures of state support for investment projects in the form of investment preferences.

Investors must enter into an investment contract with the Government represented by the Investment Committee and investment activity should be in accordance with the list of priority activities, approved by the Government of Kazakhstan.

The types of investment preferences are public land grants, customs exemptions, tax incentives and investment subsidies. The benefits of each investment preference vary from tax exemptions, reimbursements for construction works to lenient rules in connection to work permits for foreign employees. In the event of increase in tax rates, charges and fees, the
investor will only need to pay the rates (excluding VAT and excise taxes) as of the date of signing the investment contract.

VERUM has extensive experience in advising clients on all aspects of investment projects and legislation requirements in Kazakhstan. Should you decide to proceed further, we will assist you in preparation of a portfolio of documents, investment application, work program for investment project.

With a solid record of procuring state bodies’ approvals and consents, we will lobby your project and reinforce it with our hands-on experience.

Upon entering into the investment contract you will receive full support in connection to contract execution and assistance in making addendums to investment contract and work program.

+ Altynalmas transaction

+ Astana office

+ Kazakhaltyn contract